07
Sep
16:33
Iron ore picks up despite imports slump
Seaborne iron ore prices have picked up despite the slump in Chinese iron ore imports in August. Market expects iron ore inventories to peak.
The Kallanish KORE 62% Fe index increased $0.16/t to $128.13/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index rise $0.38/t to $141/dmt cfr, but the KORE 58% Fe index dropped $0.6/t to $115.77/dmt cfr.
On the Dalian Commodity Exchange January 2021 iron ore settled up CNY 9/t at CNY 858/t ($12…
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Anonymous
Very good overview of the weekly steel market.
Anonymous